You can roll out your futures position though Schnitz so I gotta check what tax implications that has with my accountant. I'll let you know.
Yes I agree totally! Diversification is a load of crap and simply a relic strategy of the cheap oil era where market sectors were in a way less predictable. Because we are now entering the era of finiteness and like Jim believes, you can choose commodities whose current supply stream simply cannot meet global demand.